|
The only way to get rich with ponzi and pyramid schemes is to invent your own.
|
#
¿
May 25, 2011 13:41
|
|
|
|
| # ¿ Apr 28, 2024 16:05 |
|
|
After reading Martin Random's posts I'm convinced that cryptocurrencies should be illegal. The existence of a feasible cryptocurrency would be disastrous.
|
|
#
¿
May 29, 2011 01:52
|
|
|
ButtCoins!!! Hehehe...  People have claimed that the Bitcoin infrastructure can be easily taken down by governments. Why is that the case? And is it possible to build a cryptocurrency system that is impossible/very hard to take down? (Like for example torrents.)
|
|
#
¿
Jun 1, 2011 15:51
|
|
|
jstirrell posted:It is like you are completely oblivious to the actual reason people bought bitcoins as an Hahahahahahaha... Yeah, right.
|
|
#
¿
Jun 3, 2011 18:15
|
|
investment
|
archangelwar posted:Goddamn it, I was trying to smugly build up to the whole "you don't understand the definition of words" thing. Sorry, that statement was just so precious.
|
|
#
¿
Jun 3, 2011 18:21
|
|
|
jstirrell, do you consider gambling to be investment, too?
|
|
#
¿
Jun 3, 2011 19:09
|
|
|
Martin Random posted:one of its major uses will be to facilitate transactions that aren't possible through the traditional financial system Those transactions are and will always be 99.99% of a criminal nature. The special use would be trading drugs, weapons, child pornography and humans, right?
|
|
#
¿
Jun 3, 2011 22:47
|
|
|
Martin Random posted:snip Ok, the behaviour of Paypal and Co should be illegal anyways. It's illegal in Germany as far as I know. (Many of the gently caress you business practises of US banks and companies are illegal in Germany and the EU by the way.) And the impossibilty of chargebacks is not really something that will attract customers. And I still think that most transactions would be of a criminal nature. All the big legal revenue streams have no compelling reason to change to crypto currency as far as I can see.
|
|
#
¿
Jun 3, 2011 23:18
|
|
|
Martin Random posted:Do you know they raised over $3,000 in a half a day before paypal froze their account and took its balance? Why is Paypal still allowed to do this poo poo? Hmm... Aha! I see your point. Citizens of a nation that supresses their rights and freedoms could use a cryptocurrency system. A nation like the US.
|
|
#
¿
Jun 3, 2011 23:33
|
|
|
I think it's important to make a distinction between bitcoins and proper cryptocurrencies. I don't think bitcoins will be successful, because they are a giant loving scam. A cryptocurrency, that has been designed to be useful for fast, convenient, secure and anonynous transactions on the other hand could be very successful.
|
|
#
¿
Jun 4, 2011 07:47
|
|
|
tomkandy posted:What form do you imagine they would take in order to not constitute a scam? I dunno. It surely shouldn't fluctuate wildly and nobody should own like half of the total amount of money. I think a viable cryptocurrency will probably be coupled to the dollar or the euro. Or maybe gold.
|
|
#
¿
Jun 4, 2011 09:49
|
|
|
If bitcoins are successful, they will get shutdown.
|
|
#
¿
Jun 5, 2011 10:17
|
|
|
Yo dawg, I herd you like gambling, so I put bitcoins in your online poker so you can gamble while you gamble.
|
|
#
¿
Jun 5, 2011 21:46
|
|
|
v2.spengler posted:As long as these prices hold I'm just going to keep cashing out every time I mine a new coin, gently caress it. Means I'm making about $7 a day right now. You are cashing out your bitcoins immediately? That's a good decision. Does anyone know, how many bitcoins are exchanged to dollars every day/hour/whatever? I bet most miners keep their bitcoins.
|
|
#
¿
Jun 6, 2011 13:35
|
|
|
Miners converting bitcoins immediately = smart Miners hoarding bitcoins = stupid If every miner would sell their bitcoins immediately they would be worthless.
|
|
#
¿
Jun 6, 2011 17:45
|
|
|
ChubbyEmoBabe posted:Just keep in mind that there will be "bag holders" who will end up being the "victim" in this. Those 'victims' are kinda asking for it though. So if you like to exploit fellow human beings, keep on mining!!!  Edit: Bonus question: What do you call people exploiting others?
|
|
#
¿
Jun 6, 2011 17:53
|
|
|
Wreckus posted:"A good investment strategy." - Wall Street  I don't doubt that it's possible to make money when you mine and immediately cash in. But think about the people that give you money for those bitcoins. You are personally scamming those people!
|
|
#
¿
Jun 6, 2011 18:03
|
|
|
v2.spengler posted:
That right here sounds like a scammer.
|
|
#
¿
Jun 6, 2011 18:46
|
|
|
BlackIronHeart posted:EDIT: Tell us what you think of Power Balance holographic bracelets. Those should be illegal. Or the way they're sold should be illegal.
|
|
#
¿
Jun 6, 2011 19:20
|
|
|
v2.spengler posted:Hi welcome to America you must be new here You are openly embracing one of the worst aspects of the US?
|
|
#
¿
Jun 6, 2011 20:02
|
|
|
Ven seems like a much more reasonable ecurrency. http://en.wikipedia.org/wiki/Ven_%28currency%29 But it doesn't have the cash-like anonymity of bitcoins.
|
|
#
¿
Jun 7, 2011 10:50
|
|
|
Watermelon Daiquiri posted:What benefit to society do bitcoins serve? Bitcoins are redistributing wealth from the foolish to the crooked. If you call this a service, depends on if you consider punishing the stupid beneficial for society.
|
|
#
¿
Jun 7, 2011 12:24
|
|
|
GidgetNomates posted:Please look at the word millibitcoins and tell me that it wouldn't get insanely irritating to have to type (or, dare I say, SPEAK (who would you say this to ever)) on a frequent basis. Say it out loud right now. There's a reason why words like pound, quid, quarter, penny, nickle, dime, etc. are all two syllables or less. Well, the written versions are fine: 34 mBTC, 10 uBTC or 200 nBTC.
|
|
#
¿
Jun 7, 2011 14:07
|
|
|
Hah! Bitcoins, the official currency of the singularity! What now? 
|
|
#
¿
Jun 7, 2011 14:14
|
|
|
So how much is a megabytecoin worth atm?
|
|
#
¿
Jun 7, 2011 14:23
|
|
|
JakeP posted:3.3643276 BTC
|
|
#
¿
Jun 7, 2011 18:42
|
|
|
homeless snail posted:Getting paid for posting on the internet with libertarian cybermoney, gently caress this planet. I think it's hilarious.
|
|
#
¿
Jun 9, 2011 21:59
|
|
|
ChubbyEmoBabe posted:The federal government can't shut down this market! Yes we can!
|
|
#
¿
Jun 10, 2011 17:21
|
|
|
Hahaha. Hilarious. Bit is it really an attack? Isn't the system getting hammered just by people trying to sell their BTC.
|
|
#
¿
Jun 10, 2011 23:02
|
|
|
Flesh Forge posted:The total is going to max out eventually at 22 million bitcoins - is everybody going to have a, what, bitpenny? Why not? You can split bitcoins.
|
|
#
¿
Jun 14, 2011 14:24
|
|
|
Angela Christine posted:Edit: Wait, folding@home is no good, you want to run SETI@home. Once you find aliens you can sell them your bitcoins. This is still active? How long until they run out of data?
|
|
#
¿
Jun 14, 2011 15:33
|
|
|
JakeP posted:The crash was caused by government officials trying to destroy our new world order, and prevent extra terrestrials from coming down to Earth from a distant galaxy and saving us by trading us advanced technology for our bit coins. Democrats and Republicans united against Joe Everyman to keep us from rising up and running this country the way it should be. With bitcoins! Lizard people/Jews/Freemasons/Democrats did it. The amount of conspiracy nuts in the community alone should tell you, that bitcoins are a bad idea.
|
|
#
¿
Jun 14, 2011 16:25
|
|
|
No matter if it's a scam, a pyramid scheme or a speculative bubble. Some people have to make money from those! They're not black holes. And then people come in this thread and say 'lol, I made money!' Nobody is surprised by that, nobody.
|
|
#
¿
Jun 17, 2011 20:14
|
|
|
Tasty and Delicious posted:Help fund myBitcoin Roadtrip: Yo dawg, I heard you like scamming people, so I put a ponzi scheme in your bitcoins so you can scam while you scam.
|
|
#
¿
Jun 17, 2011 21:57
|
|
|
Diogines posted:Surely I am not the only person standing in shere and unadulturated awe at the stupidity of Bitcoin? I cannot believe anyone is paying real life value for these. I am stuck speachless. Three servers for games I play on just started accepting bitcoins to pay for server fees. Well, it depends. Bitcoins are like a casino. People lose money, people gain money. And then there are the idiots who think there is FREE MONEY to be had. I can't fault the former, if they know the risks. The latter is hopeless. The amount of people thinking bitcoins are FREE MONEY however is higher than with gambling.
|
|
#
¿
Jun 18, 2011 13:03
|
|
|
artard posted:He's not saying he wants LulzSec to build it, but to try to hack it to "prove" its secure They will look for weaknesses, report there are none and then will later use the weaknesses they found, to gently caress everyone over.
|
|
#
¿
Jun 20, 2011 00:41
|
|
|
cremnob posted:I made a nice windfall from Bitcoins. I paid a guy 1 billion ISK (in Eve Online) for 55 BTC. So far I've cashed out about $400 worth with 28 BTC left to sell. Waiting for the Canadian exchange I use to get back up to par with Mt.Gox (they aren't accepting deposits right now so buyers are drying up) before I sell the rest though. I'm speechless. I don't if you should feel ashamed or proud of what you did.
|
|
#
¿
Jun 28, 2011 14:44
|
|
|
sanchez posted:Replace bitcoin with property and you've got 2007. And taking advantage of moronic buyers is a decent thing to do, right?
|
|
#
¿
Jun 28, 2011 15:26
|
|
|
sanchez posted:I hope you never plan on selling any stock. What if the price crashes the next day? You are stupid, if you compare buying bitcoins to buying stocks. jabby posted:Literally the entire basis of currency and trade in the whole world is exchanging something that you value less with someone who values it more. If I mine bitcoins and sell them I am not somehow ripping somebody off any more than if I mine gold and sell them that. Bitcoins currently have a value. It may go down or up in the short term, but what someone does with the bitcoins I sell them is none of my concern. You are also stupid. dark warrior posted:Welcome to capitalism! Yep, gently caress unchecked, out of control capitalism.
|
|
#
¿
Jun 28, 2011 15:34
|
|
|
|
| # ¿ Apr 28, 2024 16:05 |
|
|
sanchez posted:So, you're unable to refute this past "you're stupid"? You yourself have said that taking advantage of moronic buyers is ok. You should feel ashamed of yourself. You are what's wrong with America and what's contributing to its downfall.
|
|
#
¿
Jun 28, 2011 15:40
|
|